The highest earners may pay income tax rates that are almost double that of the average American, but the largest chunk of income tax revenue collected by the IRS comes from households earning between $100K and $200K.... Read More
Roughly one-third of U.S. citizens have no income tax liability.... Read More
The average taxpayer in the U.S. paid 14.01% on their adjusted gross income between 2001 and 2016.... Read More
A historical look at the highest and lowest tax brackets since 1913... Read More
A look at each state's income tax as well as sales tax rates... Read More
Small and mid-sized companies have accounted for the large majority of job creation since 2005.... Read More
Jobs have been plentiful for college grads, but jobs for those less educated are still difficult to find.... Read More
Unskilled labor currently averages an annual wage of just under $20,000.... Read More
The Chinese economy is struggling. There is hope it will improve, but purchasing managers remain pessimistic.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
Citi's economic data indices do not currently paint a rosy picture for the global economy.... Read More
Household debt in the U.S. grew to $13.5 trillion in the fourth quarter.... Read More
The country's economic psyche has been damaged. We believe the Fed bears some, if not most, of the responsibility for this damage. The question is whether the stock market's rebound and previous economic momentum can absorb this damage.... Read More
Although the government shutdown has come to a temporary close, a spike in temporary layoffs is likely to show up when the BLS releases its employment report on Friday.... Read More
The continued deterioration in European economies has the attention of ECB President Mario Draghi. Global earnings are falling and foreign-focused US stocks are underperforming.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
The CBO recently projected the U.S. government will need much more money to service its debt over the next several years. What are its sources of income?... Read More
An interactive visualization showing the GDP per capita of almost every country across the globe... Read More
Stagnation in home prices across much of the U.S. since 2006 led to stagnation in the number of owner-occupied homes.... Read More
HELOCs declined in the third quarter, but all other types of household debt increased.... Read More